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Budget

Beyond guides, tourism education needs reform

India’s tourism sector is entering a pivotal moment. The recently presented Union Budget 2026–27 lays out an ambitious vision - from enhanced connectivity and cultural circuit development to job creation and workforce skilling.

Treading with caution

While announcing budgets each fiscal year, India has been experimenting on various growth models, some led by capex, others hoping to be triggered by enhanced domestic consumption.

Maha: Capital expenditure estimated to be Rs 93,165.52 cr in 2025-26

The Maharashtra government’s capital expenditure on development works especially for asset creation is estimated to reduce to 11 per cent of gross state domestic product (GSDP) at Rs 93,165.52 crore in 2025-26 against 13 per cent at Rs 1,09,031.48 crore as per the revised estimate for 2024-25.